Genset Market: Insights and Forecast (2025-2034)
The global genset market size reached around USD 25.37 billion in 2024. The market is projected to grow at a CAGR of 5.60% between 2025 and 2034, reaching nearly USD 43.75 billion by 2034. This growth is driven by increasing demand for reliable and continuous power solutions in various industries and residential areas. As power reliability becomes increasingly critical, especially in regions...
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